Product Code: ETC8855053 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The yeast and yeast extract market in the Philippines includes applications in food seasoning, pet food, and bio-nutritional products. Yeast extracts umami properties make it a popular choice among food processors aiming to reduce salt content without compromising flavor. The growing processed food industry and consumer shift toward healthier flavoring options are encouraging the use of yeast extracts.
The yeast and yeast extract market in the Philippines continues to grow steadily, supported by increased demand from the food and beverage industry as flavor enhancers and nutritional supplements. Yeast extracts are also increasingly used in animal feed to improve palatability and immune health. Technological improvements in extraction methods and expanding applications in health products are further driving the markets positive trajectory.
The yeast and yeast extract market is constrained by a narrow consumer and industrial base, with awareness of yeast extracts potential in flavor enhancement and nutrition remaining low. Local food processors often opt for cheaper alternatives like MSG or synthetic additives, reducing demand for natural yeast-based flavor enhancers. The high cost of technological investment needed for autolysis and extraction processes discourages new entrants. Furthermore, compliance with evolving food safety standards and labeling laws can be challenging for smaller suppliers trying to scale within this market.
The yeast and yeast extract market in the Philippines benefits from increasing applications in flavor enhancement, nutrition, and health supplements. Localized production facilities can improve supply chain efficiency and product affordability. Marketing efforts highlighting the natural and functional benefits of yeast extracts can boost consumer acceptance across food and health sectors.
The market is influenced by government initiatives promoting biotechnology and food manufacturing industries. The DOST and DA provide technical assistance and funding to increase local production capacities, while the FDA ensures product quality and compliance with food safety regulations.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Yeast & Yeast Extract Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Yeast & Yeast Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Yeast & Yeast Extract Market - Industry Life Cycle |
3.4 Philippines Yeast & Yeast Extract Market - Porter's Five Forces |
3.5 Philippines Yeast & Yeast Extract Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Yeast & Yeast Extract Market Revenues & Volume Share, By Specialty Yeast Type, 2021 & 2031F |
3.7 Philippines Yeast & Yeast Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Philippines Yeast & Yeast Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Yeast & Yeast Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of yeast and yeast extract products |
4.2.2 Growth in the food and beverage industry in the Philippines |
4.2.3 Rising demand for natural and clean label ingredients in food products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as molasses, which impacts production costs |
4.3.2 Stringent regulations and standards for food additives in the Philippines |
4.3.3 Competition from alternative ingredients in the market |
5 Philippines Yeast & Yeast Extract Market Trends |
6 Philippines Yeast & Yeast Extract Market, By Types |
6.1 Philippines Yeast & Yeast Extract Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Baker's Yeast, 2021- 2031F |
6.1.4 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Brewer's Yeast, 2021- 2031F |
6.1.5 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Distiller's and Wine Yeast, 2021- 2031F |
6.2 Philippines Yeast & Yeast Extract Market, By Specialty Yeast Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Yeast Extracts, 2021- 2031F |
6.2.3 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Autolysates, 2021- 2031F |
6.3 Philippines Yeast & Yeast Extract Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Fresh Yeast, 2021- 2031F |
6.3.3 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Active Dry Yeast, 2021- 2031F |
6.3.4 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Instant Yeast, 2021- 2031F |
6.4 Philippines Yeast & Yeast Extract Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.4.3 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Feed Industry, 2021- 2031F |
6.4.4 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Biofuel Industry, 2021- 2031F |
6.4.5 Philippines Yeast & Yeast Extract Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Yeast & Yeast Extract Market Import-Export Trade Statistics |
7.1 Philippines Yeast & Yeast Extract Market Export to Major Countries |
7.2 Philippines Yeast & Yeast Extract Market Imports from Major Countries |
8 Philippines Yeast & Yeast Extract Market Key Performance Indicators |
8.1 Consumer demand for organic and natural food products |
8.2 Number of new product launches featuring yeast or yeast extract |
8.3 Growth in the food processing sector in the Philippines |
8.4 Adoption rate of yeast and yeast extract in various food applications |
9 Philippines Yeast & Yeast Extract Market - Opportunity Assessment |
9.1 Philippines Yeast & Yeast Extract Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Yeast & Yeast Extract Market Opportunity Assessment, By Specialty Yeast Type, 2021 & 2031F |
9.3 Philippines Yeast & Yeast Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Philippines Yeast & Yeast Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Yeast & Yeast Extract Market - Competitive Landscape |
10.1 Philippines Yeast & Yeast Extract Market Revenue Share, By Companies, 2024 |
10.2 Philippines Yeast & Yeast Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |